Business
Businesses cutting 90 jobs every hour as stimulus wound back – The New Daily
New figures suggest businesses shed another 30,000 jobs over the two weeks to October 17. That equates to roughly 90 jobs every hour.
New figures suggest businesses shed another 30,000 jobs over the two weeks to October 17.
That equates to roughly 90 jobs every hour.
Released by the Australian Bureau of Statistics on Wednesday morning, the data points to continued job shedding across the country after cuts to JobSeeker and JobKeeper at the end of September.
But some economists remain unconvinced that the two events are linked and have raised concerns about the data’s reliability.
The latest figures show payroll jobs fell 0.8 per…
-
Noosa News23 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General17 hours agoUkraine says Russia has ramped up attacks despite ‘Easter truce’
-
General23 hours agoMinjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General16 hours agoPope Francis appears Easter Sunday to deliver blessing as recovery continues